Sophia, Sistine, and Scarlet Stallone have a big weekend ahead of them. The three sisters — daughters of Sylvester Stallone and Jennifer Flavin — are 2017's Miss Golden Globe, and it's the first time that a set of siblings have been chosen for the role. (Past alumni include Dakota Johnson, Corinne Foxx, and Greer Grammer, so Sophia, Sistine, and Scarlet are in good company.)

They'll be responsible for handing out the coveted gold statues and assisting throughout the ceremony, and were beyond excited to find out that they were named Miss Golden Globe. Sistine, 18, remembers that she was sitting in the family room with her sisters and their mom when their dad called them into the room. We all know that feeling of getting called into a "family meeting" and wondering what could be wrong – and that was exactly Sistine's reaction.

"We were all sitting in the family room and my dad called us in as if he had some tragic news," she explains at a luncheon held in honor of her sisters and herself. "And I was like 'Oh god,' like he’s sitting us down, it’s going to be horrible. We’re ready to take it, we were holding each other like, 'Who died?'"

Luckily, the actor who brought Rocky Balboa to life had good news for his daughters. "He just said, 'I got the call, you guys are Miss Golden Globes' and we freaked out," Sistine continues. "My mom blasted the music, we were dancing; it was so much fun."

One might imagine that it would be a bit nerve-wracking to prepare for the responsibility of Miss Golden Globe. Luckily, the Stallone sisters have received a lot of great advice from their parents. Scarlet, 14, has been training with her dad for her big moment. "My dad has given me advice to speak loud and clear, have great posture, and don’t fall," she explains. "He actually makes me train in heels every day for an hour. He just doesn’t want me to fail at all."

However, as much as being Miss Golden Globe is a huge responsibility, it's also an exciting opportunity – and both parents have helped the girls remember to have fun. "They said to 'live in this moment. Cherish every single second of what’s happening, because it’s never going to happen again and you’re doing it with your best friends,'" Scarlet recalls. "It’s something that we’ll never forget, and it’s so special that we got this opportunity."

Sophia, 20, is grateful to be embarking on this journey with Sistine and Scarlet – who echoes the sentiment that they are not just siblings, but also best friends. "We really do know how amazing this chance is...and I am so happy to be doing it with them," she explains, referring to the time she'll spend on stage her sisters.

As for who they're most excited to see? They say that's a toss-up between host Jimmy Fallon and the Stranger Things cast. "I watch a lot of TV," Sophia says. But make no mistake: We're just as excited to see them in action come January 8.